What is Status Data?
Founded in 1970 by Anne Shapiro, Status Data has evolved from a specialized keypunching operation serving early computing giants like IBM into a comprehensive, full-service data processing enterprise. With a workforce exceeding 110 professionals, the firm provides critical data lifecycle management services. Its current market position is defined by a unique blend of institutional longevity and modern agility, allowing it to navigate the complexities of digital transformation for its diverse client base. The company maintains a robust physical footprint with offices in New York City, Long Island, and India, ensuring 24/7 operational continuity and global service reach.
How much funding has Status Data raised?
Status Data has raised a total of $81K across 1 funding round:
Debt
$81K
Debt (2021): $81K with participation from PPP
Key Investors in Status Data
PPP
Public-Private Partnership
What's next for Status Data?
With the recent injection of capital, Status Data is positioned to scale its technological stack and expand its service offerings to meet the rising demand for sophisticated data analytics and processing. The firm is expected to prioritize the modernization of its legacy systems, integrating advanced automation to enhance throughput and accuracy. As it navigates this significant Series B/C stage, the leadership team—now representing the second and third generations of the founding family—will likely focus on deepening its penetration in the enterprise sector, potentially exploring strategic acquisitions or further geographic diversification to maintain its competitive edge in the global data services market.
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